Specialty Mens Retail Shop In Metro Boston Area For Sale

Business description

Over 20 years of customer satisfaction keep this Urban Men's Specialty Shop at the trendy top of the list for their loyal clientèle. Situated in a very busy shopping area easily accessible by public transportation, this store enjoys heavy foot traffic from area businesses. Currently catering to a specific market, potential growth areas include product line expansion, extended hours and the latest and greatest advertising opportunities available on today's social networking scene. With an acquisition price only slightly above inventory value, this could be your "perfect fit" opportunity! Call Larry at First Choice Business Brokers today to learn more.

Property information

Real Estate:

Lease

Lease terms:

Currently at will - new lease will be offered to buyer.

Leasehold rent:

$22,500.00 per annum

Location:

Bustling metropolitan Boston area, convenient to public transportation, on street parking, heavy foot traffic from area businesses.

Premises details:

1200 square feet jam packed with specialty merchandise

Business Operation

Expansion potential:

Product lines beyond current specialty
Expanded shopping hours/days of operation
Social media promotions to attract new clientele

Competition / Market:

No direct competition in the area.

Reasons for selling:

Seller is interested in pursuing a career in the music industry!

Trading hours:

11a-6p M-Sa

Employees:

1

Years established:

1987

Other information

Support & training:

Seller willing to familiarize buyer with operation of the business for a period of up to 5 days.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$150,000.00 down, balance over 24 months at 10% interest. Compare down payment to inventory value!!

Furniture / Fixtures value:

$12,000 (included in the asking price)

Inventory / Stock value:

$150,000 (included in the asking price)